NUMBER PLATE FACTS:Number Plates as an alternative investment
Investing in car registration plates may seem like an unorthodox way of making money and a considerable statement in the process. Nevertheless, hundreds of investors and drivers now choose to purchase car registration plates with significant future returns available. The most obvious reason for purchasing car registration plates is to personalise your vehicle, to make you stand out from the crowd.
Even a mere decade ago, drivers with personalised registration plates were seen as wealthy and successful. In the present day, car registration plates are now more accessible and economical for the everyday working man to purchase. Drivers looking for a potential investment must keep in mind that the registration plate they purchase must be easy to sell on in the future.
Eric Morecambes Cherished Number Rescued!
Eric Morecambe’s 1971 Rolls-Royce Silver Shadow has been spared from the scrapheap at the last minute.
Peter Yates, who runs a wedding car firm in Morecambe, spotted the car in a Shrewsbury junkyard just 24 hours before it was due to be dismantled.
He said finding the car – which had the number plate EM100 when Morecambe owned it – was a ‘miracle’.
The car was owned by the comic from 1971 and 1974 – as shown by the original order note – and Yates says it still smells of cigar smoke.
How the car came to be in a scrapheap is unknown. Seven years ago the car, including the personalised number plate, sold for £36,000 at auction.
Cherished Number Auction Listing Now Online
The cherished registration auction listing is now available online at the Image Reg website.
Prices are still subdued so its a perfect time to invest in cherished plates.
We also offer a bidding service so why not let us take the strain for you and have over 13 years of experience at hand.
Contact us now to find our more, 01482 627 628.
Since their humble begining in 1903, cherished numbers have continued to increase in popularity often adding the finishing touch to our prized posessions and very often prove to be a valuable investment.
The Motor Car Act 1903, which came into force on 1 January 1904, required all motor vehicles to be entered on an official vehicle register, and to carry number plates. The Act was passed in order that vehicles could be easily traced in the event of an accident or contravention of the law. Vehicle registration number plates in the UK are rectangular or square in shape, with the exact permitted dimensions of the plate and its lettering set down in law.
Potential investors in registration plates often consider private purchases, via newspaper ads, or classified ads from owners looking for a quick sale. However, this can be somewhat time consuming.
At the other end of the scale, when the time comes to get rid of your personalised registration plate there are numerous avenues to explore. Many sought-after registration plates have been known to sell for thousands of pounds. As long as your registration plate has retail or sentimental value to others, it is quite possible that you can make a profit on your initial investment.
Potential investors in registration plates often consider private purchases, via newspaper ads, or classified ads from owners looking for a quick sale. However, this can be somewhat time consuming.
At the other end of the scale, when the time comes to get rid of your personalised registration plate there are numerous avenues to explore. Many sought-after registration plates have been known to sell for thousands of pounds. As long as your registration plate has retail or sentimental value to others, it is quite possible that you can make a profit on your initial investment.
http://www.image-reg.com